Yankees' Cashman ready to handle lower payroll

TAMPA, Fla. 
New York general manager Brian Cashman says even with planned payroll cuts that the Yankees will still outspend everyone else in baseball.

"That's not going to change," Cashman said on Friday. "We're still the Yankees. We're still going to be there for our fan base and try to make sure every year is a year that they have legitimate hope that is can be a special season."

Cashman's comments came the day after Yankees managing general partner Hal Steinbrenner said that he plans to cut the team payroll to $189 million for the 2014 season. Steinbrenner said this season's payroll is around $210 million.